Millions of euros in paintings alone, this is Rama's millionth fortune of Progress

Millions of euros in paintings alone, this is Rama's millionth fortune of Progress

Pristina municipality Chairman Progress Rama has made his property public, revealing considerable ownership both in Kosovo and the United Kingdom, as well as shares in several local and international companies broadcast Periscopi. According to the official statement, Rama owns a total of six residential and business properties. They include a residence of 120 [...]

According to the official statement, Rama owns a total of six residential and business properties.

They include a residence of 120 m2 purchased in 2017 for 2,581,253 euros, another 87 m2 purchased in 2016 for 996,140 euros, and a 100m2m bought residence in 2010 for 997,314 euros.

He also owns an business facility of 600 m2 purchased in 2018 for 1,102,314 euros and a residence of 120 m2 purchased through his company 4 AM LTD in 2011 for 1,173,310 euros.

In the category of playful wealth and property abroad, Rama has declared a car “Tesla” purchased in 2017 worth 65,000 euros, as well as a collection of inherited paintings since 2004 worth a 4m euro claim.

He also owns several properties in London, including:

Campden Hill Mansions 1,750,000 euros

Flat 6, Westbourne Park, 849000 euros

Unit 2B, WestPoint, Warple Way, Croydon (500 m2 m) HINA000 euros

Studio, 8A Vulcan Way, Croydon 980,000 euros

4 AM LTD, Warple Way 950,000 euros

Property at Uppper Fairfield Road (870 m2) BAR 4.5m euros

Rama is also a shareholder in several different companies, including:

Infinity 8 AB ) 12% of shares (3050,000 euros)

Microcemento 100% 110,000 euros)

4 AMPHE 100% (10,000 euros)

Rama and Candor 50% (11,000 euros)

4 AM LTD 100% (2m euros)

Studio Rama LTD 100% 550,000 euros)

Nonlinear Matrix 100% (10,000 euros)

4M Works LTD 100% (10,000 euros)

In bank accounts, he has declared cash available in the amount of 12,000 euros at Raiffeisen Bank and 12,500 pounds at Halifax Bank in London.

The president of Pristina's annual revenues include the monthly salary as mayor of 1,372 euros, as well as revenues from the London property rentals amounting to 3,850, 4,850, 2,385 and 4,000 euros per month from various properties.

Rama has also declared several active loans, including:

541,000 euros for Western York Park Road residence purchase

52,000 euros for unit 2B in Croydon

1.1m euros for Campden Hill Manns

370,000 euros for another property

500,000 euros for property at Vulcan Way (through Studio Rama)

490,000 euros for Warple Mews purchase

The declaration of Kosovo's property has been published in line with the legal obligations for transparency and accountability of public officials.

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